Political uncertainty, limited inventory and land, and extensive red tape are only some of the challenges facing the commercial real estate industry. Added to that is the looming concern of brokers becoming obsolete due to AI and an upcoming workforce that demands higher salaries without showing up to the office. The commercial real estate industry has never been a career for … [Read more...] about Industry Focus
Jeff Mitchell
Industry FocusBrokers
Commercial real estate (CRE) has seen many interesting shifts in recent years. From reduced office usage to rising industrial rates, brokers have had to become quick to adapt to changing market conditions. Recently, brokerage executives met to discuss their industry and the outlook for CRE in Nevada. Shannon Scholten-Adams, vice president of Nevada Business Magazine, served … [Read more...] about Industry Focus
Powerhouse Real Estate Brokers Join Forces to Oversee Retail Leasing at Tivoli Village in Las Vegas’ Summerlin Area
NorthCap's John Tippins and Mountain West's Jeff Mitchell to Lead Retail Leasing Efforts at 28-Acre Luxury Mixed-Use Development in Southern Nevada New York - PBC USA, a global real estate investment firm headquartered in New York City, has appointed powerhouse real estate brokers John Tippins of NorthCap and Jeff Mitchell of Mountain West Commercial to head up the retail … [Read more...] about Powerhouse Real Estate Brokers Join Forces to Oversee Retail Leasing at Tivoli Village in Las Vegas’ Summerlin Area
Red Report: May 2016
E Sale, Retail ADDRESS 4440 E. Washington Ave., 89110 BUYER Berryessa Plaza, LLC SELLER Mark M. Kaisi DETAILS 30,441 SF; $2,450,000 APN 140-29-212-003 BUYER’S REP Dan Gluhaich of Colliers International SELLER’S REP Cathy Jones, CCIM and Paul Miachika of Sun Commercial Real Estate Sale, Land ADDRESS 3500 N. Lamb Blvd., 89115 BUYER Lambeau, LLC SELLER Lamb Blvd … [Read more...] about Red Report: May 2016
Red Report: November 2015
E Sale, Multi-Family ADDRESS 310 – 400 S. 11th St., 89101 BUYER BDR Cascadia SELLER Norma Jakubowski DETAILS 57 units; $45,947 per unit APN 139-34-712-101 SELLER REP Michael LaBar and Michael Shaffner of Avison Young Sale, Multi-Family ADDRESS 1823 Santa Paula Dr., 89104 BUYER 1823 Santa Paula Apartments, LLC SELLER Eagle Property Partners, LLC DETAILS 12 units; … [Read more...] about Red Report: November 2015
Red Report: September 2015
E Sale, Retail ADDRESS 821 Lamb Blvd., 89110 BUYER Orexco 1031 Exchange SELLER DCR Real Estate VI Sub I, LLC DETAILS 17,606 SF; $2,250,000 APN 140-29-301-010 BUYER’S REP Carlington Miller of Realty One SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 4280 N. Pecos Rd., 89115 BUYER BAJ, LLC SELLER JJS, LLC DETAILS … [Read more...] about Red Report: September 2015
Red Report: August 2015
E Sale, Retail ADDRESS 4741 E. Charleston Blvd., 89104 BUYER H&J Goldman Properties, LLC SELLER 4741 Charleston Acquisition, LLC DETAILS 4,600 SF; $662,644 APN 161-05-510-007 BUYER’S REP Neil Dela Cruz and Hillary Steinberg of MDL Group SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank Lease, Industrial ADDRESS 2542 Abels Ln., 89115 TENANT … [Read more...] about Red Report: August 2015
Red Report: January 2015
E Sale, Industrial ADDRESS 6070 Boulder Hwy, 89122 BUYER Frederic and Barbara Rosenberg Family Trust SELLER Burton-Bowels LLC DETAILS 6,400 SF; $885,000 APN 161-27-311-011 BUYER’S REP Bob Diamond of Platinum Real Estate Professionals SELLER’S REP Neil Sorkin of Cushman & Wakefield Commerce N Sale, Industrial ADDRESS 3355-3675 W. Cheyenne, Ave., 89032 BUYER BKM … [Read more...] about Red Report: January 2015
Nevada Real Estate & Development Report: November 2014
N Sale, Office ADDRESS 6624 Sky Pointe Dr., 89131 BUYER WDG 6624 Sky Pointe, LLC SELLER 2010-1 RADC/CADC Venture, LLC DETAILS ; $315,000 APN 125-21-710-014 REP (Both) David Howes of David Howes Commercial Real Estate Lease, Retail ADDRESS 8350 N. Decatur Blvd., 89031 TENANT Spartan Arms and Range Supplies LLC LANDLORD Decatur Horse LLC DETAILS 4,000 SF; $163,200 … [Read more...] about Nevada Real Estate & Development Report: November 2014
Nevada Real Estate & Development Report: October 2014
E Sale, Multi-Family ADDRESS 2850 E. Bonanza Rd., 89101 BUYER Westland Real Estate Group SELLER Hayman Advisors DETAILS 344 units; $14,875,000 APN 139-25-404-002 REP (both) Art Carll, CCIM of NAI Vegas Lease, Office ADDRESS 2490 Paseo Verde Pkwy, Ste 100, 89052 TENANT Bodyspa Salons LANDLORD Flex 2 Buildings 3/4, LLC DETAILS 15,906 SF; $1,913,418 for 87 … [Read more...] about Nevada Real Estate & Development Report: October 2014
Nevada Real Estate & Development Report: September 2014
E Sale, Retail ADDRESS 884 N. Nellis Blvd., 89110 BUYER Halle Properties, LLC SELLER Lutfi Antin Etal DETAILS 28,750 SF; $625,000 APN 140-28-410-007 BUYER’S REP Mark Keyzers of NAI Alliance SELLER’S REP David Lipp, CCIM and Chris Godino of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 5550 Reference St., 89122 BUYER Angelo Infante SELLER Dean R & Penny S … [Read more...] about Nevada Real Estate & Development Report: September 2014
Nevada Real Estate & Development Report: April 2014
E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing and Zions … [Read more...] about Nevada Real Estate & Development Report: April 2014